Quakers Hill High School

A caring educational community shaping a positive future

Telephone02 9837 1533

Emailquakershil-h.school@det.nsw.edu.au

Economics

You should choose economics if you are interested in analysing political and economic decisions and evaluating these on a variety of scales.

Economics allows you to develop an understanding of the interconnectedness of the world and the relationship between political and economic decisions.

Economics also gives you the skills to understand personal economic decisions and their impacts.

Learning economics

You will study global and national economics. You will explore issues and influences on the economy at an Australian and global scale. You will learn about microeconomics, where you will learn about the decisions of individuals and businesses in allocation of finance and resources. You will also learn about macroeconomics, which is focused on the behaviour and performance of the economy as a whole.

Preliminary course

  • Introduction to Economics: The nature of economics and the operation of an economy
  • Consumers and Business: The role of consumers and business in the economy
  • Markets: The role of markets, demand, supply and competition
  • Labour Markets: The workforce and role of labour in the economy
  • Financial Markets: The financial market in Australia, including the share market
  • Government in the Economy: The role of government in the Australian economy

Economics provides understanding for students about many aspects of the economy and its operation that are frequently reported in the media. It investigates issues such as why unemployment or inflation rates change and how these changes affect individuals in society. Economics develops students' knowledge and understanding of the operation of the global and Australian economy. It develops the analytical, problem-solving and communication skills of students. There is a strong emphasis on the problems and issues in a contemporary Australian economic context within the course.

HSC course

  • The Global Economy: Features of the global economy and globalisation
  • Australia's Place in the Global Economy: Australia's trade and finance
  • Economic Issues: Issues including growth, unemployment, inflation, wealth and management
  • Economic Policies and Management: The range of policies to manage the economy

Economics provides understanding for students about many aspects of the economy and its operation that are frequently reported in the media. It investigates issues such as why unemployment or inflation rates change and how these changes affect individuals in society. Economics develops students' knowledge and understanding of the operation of the global and Australian economy. It develops the analytical, problem-solving and communication skills of students. There is a strong emphasis on the problems and issues in a contemporary Australian economic context within the course.

You will learn how the economy operates as well as finance and government policy relating to economics. You will also learn economic related issues such as the unemployment rates, wealth and poverty, and environmental sustainability.

Economics can lead to careers in:

  • finance
  • business
  • economic forecasting
  • policy development
  • accounting and foreign affairs

The skills learned in Economics can also be applied in the industries of Insurance, Tourism, Property and Government.

Related content

Quakers Hill High School

General enquiries

CallGet directionsMail

Follow us

We would like to pay our respects and acknowledge the traditional custodians of the land and also pay respect to Elders both past and present.

Copyright for this website is owned by the State of New South Wales through the Department of Education. For more information go to http://www.dec.nsw.gov.au/footer/copyright.